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Low Income (LIHTC)

Stone Pile

120 E Montana St, Sheridan, WY, 82801

Information verified May 8, 2026·We re-check waiting list status daily

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About This Property

Stone Pile offers 20 low-income units in Sheridan, Wyoming, consisting of eight 2-bedroom and twelve 3-bedroom apartments designed to serve families. The property has been in service since 2012 and receives funding through the HOME program with 9% LIHTC credits. Units are available for eligible low-income households in Sheridan County.

Property Details

Total Units
20
2 Bedroom
8
3 Bedroom
12

Fair Market Rent - Sheridan County, WY

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

BedroomsFMR
Studio/Efficiency$875
1 Bedroom$876
2 Bedroom$1,145
3 Bedroom$1,384
4 Bedroom$1,802

Income Limits - Sheridan County, WY

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person
Extremely Low (30%)
$17,050
Very Low (50%)
$28,400
Low (80%)
$45,450
2 Persons
Extremely Low (30%)
$19,500
Very Low (50%)
$32,450
Low (80%)
$51,950
3 Persons
Extremely Low (30%)
$21,960
Very Low (50%)
$36,500
Low (80%)
$58,450
4 Persons
Extremely Low (30%)
$26,500
Very Low (50%)
$40,550
Low (80%)
$64,900
5 Persons
Extremely Low (30%)
$31,040
Very Low (50%)
$43,800
Low (80%)
$70,100
6 Persons
Extremely Low (30%)
$35,580
Very Low (50%)
$47,050
Low (80%)
$75,300
7 Persons
Extremely Low (30%)
$40,120
Very Low (50%)
$50,300
Low (80%)
$80,500
8 Persons
Extremely Low (30%)
$44,660
Very Low (50%)
$53,550
Low (80%)
$85,700

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Tax Credit Program Details

Year Placed in Service
2012
LIHTC Credit Type
9%
Low-Income Units
20 / 20
Target Population
Families
Funding Programs
HOME

Frequently Asked Questions

What is the average rent for affordable housing in Sheridan, WY?+

The Fair Market Rent (FMR) for Sheridan County, WY is: $875 (Studio), $876 (1BR), $1145 (2BR), $1384 (3BR), $1802 (4BR). Actual rent at subsidized properties like Stone Pile is typically 30% of household income or less.

What size apartments are available at Stone Pile?+

Stone Pile offers the following unit types: 8 Two-Bedroom, 12 Three-Bedroom units, for a total of 20 units.

What is the price range for apartments in Sheridan, WY?+

Based on Fair Market Rent for Sheridan County, the estimated price range is: 2-bedroom: $1145, 3-bedroom: $1384. Actual rent at Stone Pile may be lower for income-eligible households.

Who manages Stone Pile?+

Stone Pile is managed by . You can reach them at . Visit their website for more information.

What are the income limits for affordable housing in Sheridan County, WY?+

For a 4-person household in Sheridan County, WY, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $40,550, Low Income (80% AMI): $64,900. These limits are set by HUD and updated annually.

Who is eligible to live at Stone Pile?+

Stone Pile primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.

How do I apply for housing at Stone Pile?+

Stone Pile is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.

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Contact Information

Walk Score

Somewhat Walkable

55
Walk
46
Bike

Nearby Schools

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Sheridan County, WY

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